Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Union Bank Small Business Franchise Loan

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Nothing But Noodles Franchise

Need a loan to purchase a Nothing But Noodles franchise? Union Bank has a history of making these loans and they are guaranteed by the SBA.

Nothing But Noodles franchise loans are available to Oklahoma City, Oklahoma entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Union Bank, based in Oklahoma City, Oklahoma, issued an SBA franchise loan for a Nothing But Noodles franchise in 2004. We've got all the details on this Oklahoma small business loan.

SBA Loan Borrower

RIO DEL FUEGO MEXICAN GRILL
OKLAHOMA CITY, OK 73104

SBA Loan Lender

UNION BANK
4921 N MAY AVE
OKLAHOMA CITY, OK 73112

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

8/20/2004

Loan Approval Gross Amount

$475,000

Loan Approval from the SBA

Of the total $475,000 loan amount, the SBA guaranteed $356,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Nothing But Noodles franchise. At the time of the loan, the company had 35 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $475,000. How would you spend $475,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Nothing But Noodles

Determining Proper Capital Structure for a Business

SBA Approved Banks in Oklahoma City, Oklahoma

SBA Oklahoma Lenders